Sri Lanka’s energy minister, Kanchana Wijesekera, said Sri Lanka is hopeful of making progress by next…
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UK Backs $239M AfDB Loans for Climate Finance Program
The United Kingdom(UK) has guaranteed Mauritius and Benin two African Development Bank (AfDB) loans totalling $239…
CIF Endorses $70m for Renewable Energy in Kenya
The Climate Investment Funds (CIF) has endorsed a $70 million plan, with an initial allocation of…
Scatec Projects Rise in South Africa’s Solar PV Capacity this Year
Scatec, a renewable energy firm, says solar photovoltaic (PV) capacity will grow significantly in South Africa this year. The…
World Bank Grants Iberdrola €300m to Develop Renewable Projects
The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…
Germany’s Renewable Energy Surge: 55% in 2023
Germany’s energy regulator reported that renewable energy accounted for 55% of electricity on national networks in…
Kinetic Energy to Expand Natural Gas in South Africa
The recently signed liquefied natural gas (LNG) development project in South Africa’s Mpumalanga province is a…
COP28: Countries Agree to Reduce Fossil Fuel Dependency
At COP28, representatives from almost 200 countries agreed on reducing global fossil fuel consumption to combat…
EU Approves €2.6bn Aid for RWE’s Plant Closure
Germany has received European Union approval for 2.6 billion euros ($2.8 billion) in aid to RWE…
Global Carbon Budget Shows CO2 Surge in 2023
The Global Carbon Budget report published during COP28 has shown that CO2 emissions increased this year.…